Uganda buys far more from foreign countries than it sells abroad, creating a massive $4.6 billion trade gap. Because international sellers only accept US dollars, local traders are constantly scrambling to buy greenbacks, driving the dollar’s value up and shilling down.
"It is very sad to learn of the death of our brother Hon. Charles Matovu, former Member of Parliament for Busiro South, who passed on yesterday. Hon. Matovu represented his people with vigor and utmost dedication in the 11th Parliament. He was a member of the Parliamentary football team, where his tremendous contribution led us to dominate the East African Parliamentary games. My condolences go out to his family, the people of Busiro South, and the country at large. May he rest in eternal peace., Tayebwa said.
“They secretly carved up URC land, printed official land titles, and sold them to unsuspecting families and developers. Believing their papers were legal, citizens spent their life savings building permanent homes and multi-story concrete buildings, which are now being destroyed,” Byamukama noted.
In the related development, on August 21, 2024, a fuel tanker busted into flame, killing one and injuring two at Rukungiri; on December 13, 2022, one person died in Tororo; in January 2021 on the Northern Bypass, at least 33 people died; on February 12, 2021, four died in Bunyangabu; and on August 12, 2019 in Rubirizi, 20 people died. Such incidences point to the need to sensitize locals on public safety during such incidences.